The Global Tundish Covering Compound Market was valued at USD 725 Million in 2025 and is projected to reach USD 1.12 Billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 4.9% during the forecast period (2026–2034). This growth is primarily driven by the expanding global steel industry, increasing demand for high-quality steel from the automotive and construction sectors, and the critical need for improved operational efficiency and product purity in steelmaking processes.

As steel producers worldwide push for greater efficiency and higher quality output, the role of advanced refractory materials has become paramount. Tundish covering compounds are essential consumables that provide thermal insulation, prevent re-oxidation, and absorb inclusions from molten steel. In this blog, we profile the Top 10 Companies in the Tundish Covering Compound Industry—a group of global specialists and regional leaders driving innovation in metallurgical material science.

---

🔟 1. Vesuvius plc

Headquarters: London, United Kingdom
Key Offering: Advanced Tundish Covering Compounds, Flow Control Systems, Refractory Solutions

Vesuvius is a global leader in molten metal engineering and a dominant force in the tundish covering compound market. The company provides a comprehensive range of high-performance insulating and exothermic compounds tailored for various steel grades and casting conditions. Their expertise extends across the entire continuous casting process, offering integrated solutions to major steel producers worldwide.

Innovation Initiatives:

• Development of low-carbon footprint and environmentally friendly compounds

• R&D focused on extending tundish sequence length and improving steel cleanliness

• Global technical service and support network for steel plants

Download FREE Sample Report:
Tundish Covering Compound Market – View in Detailed Research Report

---

9️⃣ 2. Steelin

Headquarters: Istanbul, Turkey
Key Offering: Tundish Covering Compounds, Refractory Ceramics, Insulating Materials

Steelin has established itself as a key player in the refractory industry, with a strong focus on tundish covering compounds for the European and Middle Eastern markets. The company specializes in both acidic and basic compounds, offering solutions that enhance thermal efficiency and reduce energy consumption in steel casting operations.

Innovation Initiatives:

• Customized compound formulations for specific steel grades

• Investment in production automation to ensure consistent product quality

---

8️⃣ 3. Anker Industries

Headquarters: Mumbai, India
Key Offering: Tundish Covering Powders, Ladle Linings, Refractory Specialties

Anker Industries is a leading Indian manufacturer of refractory products, serving the rapidly growing steel industry in South Asia. The company’s tundish covering compounds are known for their excellent insulation properties and ability to maintain steel temperature during long casting sequences, making them a preferred choice for integrated steel plants.

Innovation Initiatives:

• Focus on cost-effective solutions for price-sensitive markets

• Expansion of production capacity to meet rising domestic demand

---

7️⃣ 4. Deref

Headquarters: Istanbul, Turkey
Key Offering: Tundish Covering Compounds, Monolithics, Refractory Bricks

Deref is a significant regional manufacturer with a strong presence in Turkey and neighboring markets. The company produces a wide range of refractory products, including specialized tundish covering compounds that offer superior thermal insulation and inclusion absorption capabilities for both carbon and specialty steel production.

Innovation Initiatives:

• Development of quick-sintering compounds for faster tundish preparation

• Strategic partnerships with European technology providers

Download FREE Sample Report:
Tundish Covering Compound Market – View in Detailed Research Report

---

6️⃣ 5. Zhangjiakou Huide Metallurgy Material Co., Ltd.

Headquarters: Zhangjiakou, Hebei, China
Key Offering: Tundish Covering Agents, Refractory Materials, Metallurgical Powders

As one of China’s prominent manufacturers of metallurgical materials, Zhangjiakou Huide supplies tundish covering compounds to numerous steel plants across the country. The company leverages China’s massive steel production capacity, offering products tailored to the specific requirements of large-scale continuous casting operations.

Innovation Initiatives:

• Focus on products for ultra-high-strength and clean steel production

• Continuous improvement of compound formulations for better performance

---

5️⃣ 6. Gongyi Fuchong Metallurgical Material Factory

Headquarters: Gongyi, Henan, China
Key Offering: Tundish Covering Compounds, Insulating Boards, Refractory Aggregates

Gongyi Fuchong is a specialized manufacturer focusing on refractory materials for the steel industry. The company produces various grades of tundish covering compounds, with particular expertise in materials for stainless steel and alloy steel production where precise temperature control and minimal contamination are critical.

Innovation Initiatives:

• Development of specialty compounds for niche steel applications

• Expansion of product portfolio to include complementary refractory solutions

---

4️⃣ 7. Dongsheng Metallurgical New Material Co., Ltd.

Headquarters: Henan, China
Key Offering: Tundish Covering Compounds, Continuous Casting Powders, Refractory Products

Dongsheng Metallurgical is another key Chinese player in the tundish covering compound market, serving both domestic and international customers. The company emphasizes research and development to create compounds that meet the evolving demands of modern steelmaking, particularly in the areas of energy efficiency and environmental compliance.

Innovation Initiatives:

• Investment in R&D for high-performance and sustainable compounds

• Focus on export markets in Southeast Asia and the Middle East

---

3️⃣ 8. Krosaki Harima Corporation

Headquarters: Kitakyushu, Japan
Key Offering: Advanced Tundish Covering Compounds, Refractory Products, Technical Services

Krosaki Harima is a Japanese refractory specialist with advanced technological capabilities in tundish covering compounds. The company’s products are known for their reliability and performance, particularly in demanding applications for high-grade steel production where consistency and purity are paramount.

Innovation Initiatives:

• Development of ultra-clean compounds for specialty steel applications

• Strong focus on technical service and customer support

---

2️⃣ 9. RHI Magnesita

Headquarters: Vienna, Austria
Key Offering: Comprehensive Refractory Solutions, Tundish Covering Compounds, Installation Services

As the world’s leading supplier of refractory products, RHI Magnesita offers a complete portfolio of solutions for steel production, including high-quality tundish covering compounds. The company’s global presence and technical expertise make it a preferred partner for steel producers seeking integrated refractory management and optimization services.

Innovation Initiatives:

• Global R&D network focused on refractory innovation

• Sustainability initiatives for reduced environmental impact

---

1️⃣ 10. Resco Products, Inc.

Headquarters: Pittsburgh, Pennsylvania, USA
Key Offering: Tundish Covering Compounds, Refractory Castables, Specialty Ceramics

Resco Products is a leading North American manufacturer of refractory products with significant expertise in tundish covering compounds. The company serves the steel industry with innovative materials that improve casting efficiency and steel quality, particularly focusing on the specific needs of electric arc furnace (EAF) and integrated steel plants in the region.

Innovation Initiatives:

• Custom formulations for specific customer requirements

• Focus on products that extend refractory life and reduce costs

Get Full Report Here:
Tundish Covering Compound Market – View in Detailed Research Report

---

🌍 Outlook: The Future of Tundish Covering Compounds Is Smarter and More Sustainable

The tundish covering compound market is undergoing significant transformation as steel producers demand higher performance, greater efficiency, and improved environmental credentials. While traditional compounds continue to dominate, the industry is investing in advanced formulations that offer better thermal properties, longer service life, and reduced environmental impact.

📈 Key Trends Shaping the Market:

• Development of customized compounds for specific steel grades and casting conditions

• Increasing adoption of alkaline and neutral compounds for cleaner steel production

• Growing focus on sustainability through reduced material consumption and recycling

• Integration of digital monitoring systems for optimized compound application and performance

Get Full Report Here:
Tundish Covering Compound Market – View in Detailed Research Report

The companies listed above are not only supplying essential materials to the global steel industry—they’re driving the technological advancement that enables production of higher quality steel with greater efficiency and sustainability.